5G base station construction drives PCB demand
The preliminary estimate of research institute Prismark pointed out that in 2019, most areas of PCB application experienced a decline in varying degrees, but the output value of the server and data storage fields grew by 3.1% against the trend, reaching 4.97 billion US dollars (about NTD 149.1 billion), On the other hand, wired infrastructure equipment and wireless infrastructure equipment increased even more, with annual growth rates of 6.2% and 7.1%, respectively, amounting to US$4.67 billion (approximately NT$140.1 billion) and US$2.612 billion (approximately NT$78.36 billion) .
The output value of PCB industry in 2019. Source: Prismark, Ju Heng Watch
Prismark believes that the 5G generation stimulates the demand for communication PCBs, and it is dominated by 8-16 layers of multi-layer boards and super-high layer boards of more than 8 layers. It is estimated that the compound annual growth rate from 2019 to 2024 will reach 6.5% and 8.8%, respectively.
In terms of domestic demand, according to the estimates of the Ministry of Industry and Information Technology of China, the number of 5G base stations in China has exceeded 130,000 in 2019, with 1.72 million new 4G base stations and a total of 5.44 million 4G base stations.
China Telecom operators believe that the number of large 5G base stations in China is about 1.2 to 1.5 times the number of large 4G base stations. Compared with the number of millions of base stations in the 4G era, 5G will exceed 10 million in large and small base stations.
Article source: https://buzzorange.com/techorange/2020/05/11/5g-boost-pcb/